Sir, Can we legally recover the amount of service tax of pre registration period in case we forgot to mention it separately in isssued invoice..

My client come into coverage of service tax from sep 2014, after crossing threesold limit of 10lac,
but it took service tax registration in mar2015 , and after it fillied service tax return of apr-sep 2014 and oct -mar 2015 period timely,

The question is here that the invoices we have already issued were without service tax amt,
as the amt of tax is very high my client want to recover it from the party...
but the party refuse to pay the amt of pre registration period and only accepted to pay the march month service tax amt

what is the scope of recovery of service tax from the party of ealier invoice..
is there is any scope for its recocery...
please suges..if anyone can???

I have taken registration for service tax. My turnover is 7,56,480/- for engineering service for Oct- march-2015. Whether I have to file NiL return or I have to show my turnover/ Gross Received of Rs. 7,56,480 and get exemption for the same.

Respected Experts,

i am engaged in exporting of services outside India which is not covered by negative list, whether i am liable to take service tax registration no. as my turnover is more than 9 lacs and submit service tax return even if export of service is exempt.

plz advice

thanks

How to pass a Accounting Entry under Reverse charge mechanism of service Tax. For eg.: if a Service Tax Provider Bill is of Rs.92474/- and Service Tax calculated @ 12.36% on above Rs.11,430/-. How one should calculate the reverse Service tax application and the TDS deducted on the same. How the same has to be shown as accounting entry, Please provide the right method of accounting. Thanks.

Dear Experts,

1. Service tax is to be paid as per point of taxation i.e as per invoice if payment is not received. However in case of assesses where service tax is to be paid on receipt basis (50 Lakhs or less in previous financial year), then in that case will service tax be paid if payment is not received? Is there any time period for non payment?

2. Also for the month of march, liabilty to be discharged by march 31st. What if subsequently payment is not received?

3. If service receiver does not pay service tax seperately, then amount should be considered as inclusive of service tax?

Regards,

DEAR SIR/ MADAM,

1) WE ARE INTO TRADING & HAVE SERVICE TAX REGN. UNDER GTA CATEGORY. AS OF NOW WE PAY FOR SERVICE TAX (AFTER ABATEMENT OF 75%)@ 12.36% ON TRANSPORT CHARGES OF PURCHASED BY US.IS THIS CORRECT ?

2) IN FEW OF THE CASES WE PAY FOR FREIGHT CHARGES ON BEHALF OF OUR CUSTOMERS AND CHARGE SAME AMT. IN THEIR TAX INVOICE (AFTER SALES TAX) AS FREIGHT CHARGES PAID RS.xxxxx. THIS AMT. INCLUDES SERVICE TAX PAID BY US TO TRANSPORTER.
IS THIS A CORRECT WAY OF PRESENTATION ? OR WE HAVE TO BIFURCATE THESE CHARGES AS FREIGHT CHARGES Rs.XXXXX + SERVICE TAX Rs.XXX WHILE MAKING TAX INVOICE. i.e. VALUE OF COMMODITY + SALES TAX + FREIGHT CHARGES + SERVICE TAX.

BASICALLY WE ARE JUST PAYING FREIGHT CHARGES ON BEHALF OF PARTY. THESE PAYMENTS ARE ALL BY CHEQUE & THE FREIGHT WE PAY IS BOOKED IN OUR RECORDS UNDER EXPENSES.

PLEASE ADVICE WITH VEIW OF SERVICE TAX.

THANKS & REGARDS,
RACHANA

Dear Sir,
I am very confused so please help me.

i have AMC service recieved, wrongly i take full cenvat credit,

at the time i had paid the S.T 50% of cenvat value.

so please suggest me what is accounting treatment.
what i do next.

service provier give invoice show full service tax of invoice.

As per new amendment abatement on GTA is 70%, and balance 30% are liable for RCM.
Now the question how to pay service tax under if the bill received by the GTA IS already mention the service tax with the rate 3.708% (i.e after 70% abatement 12.36%)
Basic charges - 44640
Service Tax (70% abatement) - 1656
Total bill amount - 46296

now whether we have to pay 46296 to GTA
or only pay Rs. 44640/- to GTA and service tax to be paid under RCM Rs. 1656/-

Dear all expert
i have one doubt in my mind which i am gonna clear it out...
suppose i have issued invoice on 27/4/2015 ST 12.36% and if on 1/7/2014 the ST rate has been changed 14%. the payment of my invoice has receipt on 1/8/2015. in this case do we need to pay ST at 12.36% or 14%

plz guide

One of my client has recently got registration on 20.04.2015 & started providing services under "work contract". I want to know Service tax will be charged according to point of taxation rules where(invoice issued with in 30 days from the date of completion of service, date of invoice & date of receipt of payment which ever is earlier) or according to rule (6) of section 1994 where (service tax is payable on receipt basis when turnover doesn't exceeds Rs: 50 lac during Financial Year). Please clarify it, should I charge service tax according to Point of taxation rule or rule (6) of 1994 of Finance act as mentioned above?